FAC Explorer

Audit 370289

FY End
2023-12-31
Total Expended
$1.91M
Findings
1
Programs
5
Organization: Niagara Area Management Corporation (NY)
Year: 2023 Accepted: 2025-10-02
Auditor: Lumsden & McCormick LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1159708 2023-001 Material Weakness Yes P

Programs

ALN Program Spent Major Findings
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $1.23M Yes 1
16.575 Crime Victim Assistance $294,126 Yes 0
93.332 Cooperative Agreement to Support Navigators in Federally-Facilitated Exchanges $212,636 Yes 0
93.778 Medical Assistance Program $154,433 Yes 0
10.558 Child and Adult Care Food Program $18,572 Yes 0

Contacts

Name Title Type
VJBRXARQ79N5 Richard Braun Auditee
7162784301 Jill Johnson Auditor
No contacts on file

Notes to SEFA

Basis of Presentation The accompanying Schedule of Expenditures of Federal Awards (the Schedule) presents the activity of all federal award programs administered by Niagara Area Management Corporation (NAMC), an entity as defined in Note 1 to the NAMC’s financial statements. Federal awards received directly from federal agencies, as well as federal awards passed through from other governmental agencies, are included on the Schedule. Basis of Accounting NAMC uses the accrual basis of accounting for each federal program, consistent with the financial statements. The amounts reported as federal expenditures generally were obtained from the appropriate federal financial reports for the applicable programs and periods. The amounts reported in these federal financial reports are prepared from records maintained for each program, which are periodically reconciled with NAMC’s financial reporting system. Indirect Costs NAMC has not elected to use the de minimis indirect cost rate allowed by the Uniform Guidance.

Finding Details

Finding 2023-001
Criteria: 2 CFR requires a non-federal entity that expends $750,000 or more in federal awards during its fiscal year must undergo an audit in accordance with Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) and submit their audited annual financial reports and the data collection form to the Federal Audit Clearinghouse within thirty (30) days after receipt of the auditors’ report, or nine (9) months of the close of the auditee's fiscal year. Condition: NAMC did not undergo the annual audit requirement in accordance with the Uniform Guidance and submit the annual audited financial statements and the data collection form to the Federal Audit Clearinghouse within 9 months after year-end as required by the Uniform Guidance. Cause: Due to turnover in key finance positions, NAMC did not undergo the required audit. Effect: NAMC is not in compliance with applicable federal regulations. Questioned Costs: None Auditors’ Recommendation: NAMC should implement policies and procedures to ensure compliance with all audit requirements and timely filing of required reports. Views of Responsible Officials: NAMC has appropriately staffed the open finance department roles and completed its 2023 audit and reporting requirements as of September 2025.